Aircraft
Jetcraft Traces Spending of Yacht and Bizjet Owners
Owners spend relatively more on yachts as they age
Monaco Yacht Show
(Photo: Monaco Yacht Show)

International aircraft brokerage Jetcraft has found that high net worth individuals will typically vastly outspend on yachts rather than on their business aircraft, but there is a generational shift in that trend.

Coinciding with the Monaco Yacht Show this week, Jetcraft delved into the intersection of private aviation and yachts, finding that about 35% of those who own the latter also own a business aircraft. That percentage varies by continent, with the highest in Africa at 57% and the lowest in Europe at 30%. Asia had the second-highest percentage of yacht owners who also own aircraft, at 41%, with North America, the Middle East, and Latin America hovering between 38% and 39%.

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